Monday, January 24, 2022

Half-dozen Indian crypto exchanges wanted after alleged 700million rupee tax evasion detected: sources

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Indian tax authorities searched some of the largest Indian cryptocurrency exchanges, including ‘Coinswitch Kuber, CoinDCX, BuyUCoin and Unocoin after what they considered to be a tax evasion of Rs. 40.5 crore (400 million INR or around $ 6 million) have been detected at the WazirX cryptocurrency exchange, according to sources with direct knowledge of the research.

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